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2. Mortgage prequalification vs. preapproval: How to time these ...

   www.aol.com/finance/mortgage-prequalification-vs...

   Mortgage prequalification is an informal estimate of how much you may be able to borrow. It’s based on information you provide, without any verification from the lender regarding its accuracy.

3. How to get preapproved for a mortgage - AOL

   www.aol.com/finance/preapproved-mortgage...

   The lender gives your finances a brief overview and, based on that, agrees in principle to loan you funds. Final approval: The lender completely authorizes your application to borrow funds to buy ...

4. Prequalified vs. preapproved: What’s the difference? - AOL

   www.aol.com/finance/prequalified-vs-preapproved...

   Provides conditional loan approval. ... Most lenders will want an idea of what you plan to cover to have an estimate of your loan-to-value (LTV) ratio. Gather all the documentation a lender will ...

5. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator. [3]: 1267, 1281–83 The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments ...

6. How to choose a mortgage lender: 6 tips - AOL

   www.aol.com/finance/choose-mortgage-lender-6...

   Step 6: Read the fine print on your loan estimate. Within three days of applying for a mortgage, your lender must provide you with a loan estimate. Thoroughly reading the fine print in this ...

7. Pre-qualification - Wikipedia

   en.wikipedia.org/wiki/Pre-qualification

   In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...